News

Director/PDMR Shareholding

STV Group plc announces that it has today granted a total of 302,437 conditional nil cost share awards of 50p each to a total of 15 employees under the STV Group plc Long-Term Incentive Plan (“LTIP”) which was approved by shareholders on 30 April 2015.

The awards were granted at a price of £4.25 per ordinary share (the closing share price on Tuesday 9 June 2015) and these 15 employees included the executive directors as follows:-

Director

Shares Awarded

Rob Woodward(Chief Executive

91,200

George Watt(Chief Financial Officer)

51,408

These will be released to the participants in at least three years time subject to their continued employment and the satisfaction of the following performance conditions:-

Performance conditions

Weighting

Threshold vesting (25% of max)

Max vesting

Growth in EPS

50%

7%

12%

Non-broadcast operating profit in FY 17

30%

£4.0m

£9.0m

TSR relative to the FTSE Small Cap Index

20%

Median

Upper quartile

Performance period for each metric commences on 1/1/15 and ends on 31/12/17